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Mortgage Payments

NACA (Neighborhood Assistance Corporation of America) will be here in Southern California (San Diego - Feb 9-13 and Los Angeles Feb 16-20) to save your home. It's been a year since the non-profit corporation was here last to help homeowners with their payments.

Fannie Mae and Freddie Mac have recently revised their loan forbearance policies in order to help unemployed or soon-to-be unemployed borrowers from losing their homes. A home cannot go into foreclosure under the newly revised forbearance rules.

What the forbearance law does to help the unemployed is that it basically ...